John Deaton Predicts Bitcoin Price Drop, Suggests Surge to $125K

Attorney John E. Deaton has forecasted a potential price movement in Bitcoin (BTC), predicting a surge to $125,000 before a subsequent drop to around $112,000. Deaton’s prediction aligns with the views of Peter Schiff, who has previously argued against Bitcoin’s status as a store of value. Meanwhile, Michael Saylor remains steadfast in his support for Bitcoin, reaffirming his strategy amidst the recent price fluctuations.